States / South Carolina / H 3738

H 3738 In Committee

South Carolina Housing Development Revenue Enhancement Act

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA HOUSING DEVELOPMENT REVENUE ENHANCEMENT ACT" BY ADDING SECTION 31-3-1700 SO AS TO ENABLE HOUSING AUTHORITIES TO UTILIZE TAX INCREMENT FINANCING (TIF) AND OTHER REVENUE MECHANISMS, TO SUPPORT THE DEVELOPMENT AND FINANCING OF AFFORDABLE HOUSING, TO ENCOURAGE PUBLIC-PRIVATE PARTNERSHIPS, AND TO INCLUDE PROJECT-GENERATED REVENUES AS A SECONDARY SOURCE OF REPAYMENT FOR BONDS ISSUED.

Chamber
House
Introduced
Jan 15, 2025
Last action
Jan 29, 2025 — Scrivener's error corrected
Session
2025-2026
Momentum
27 · Low